Abila MIP Fund Accounting

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Top Rated
603 Ratings

Abila MIP Fund Accounting

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Top Rated
603 Ratings
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Score 7.9 out of 101
10 Ratings
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Score 8.1 out of 101

Add comparison

Likelihood to Recommend

Abila MIP Fund Accounting

With Abila MIP's versatility I think it would be well suited for any industry, but especially for any industry where you wanted to be very specific on tracking or cost accounting. The ability to segment your accounts allows you to track by just about any method you would like to be successful.
Eric Harvey profile photo

Oracle Financials Cloud

If your business has plans that include aggressive growth
and aspires to be a best-in-class organization, your IT
systems and applications need to be up to the task.
Homegrown solutions created for a smaller business or
outdated commercial software can hamper your plans for
growth. If your IT infrastructure and maintenance costs
are affecting your ability to grow, then a cloud-based ERP
suite is well worth exploring.
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Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
9.8
Pay calculation
Abila MIP Fund Accounting
8.8
Oracle Financials Cloud
10.0
Benefit plan administration
Abila MIP Fund Accounting
7.1
Oracle Financials Cloud
9.0
Direct deposit files
Abila MIP Fund Accounting
8.7
Oracle Financials Cloud
Salary revision and increment management
Abila MIP Fund Accounting
7.0
Oracle Financials Cloud
10.0
Reimbursement management
Abila MIP Fund Accounting
6.4
Oracle Financials Cloud
10.0

Customization

Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
10.0
API for custom integration
Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
10.0
Plug-ins
Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
10.0

Security

Abila MIP Fund Accounting
8.4
Oracle Financials Cloud
10.0
Single sign-on capability
Abila MIP Fund Accounting
8.3
Oracle Financials Cloud
Role-based user permissions
Abila MIP Fund Accounting
8.4
Oracle Financials Cloud
10.0

Reporting & Analytics

Abila MIP Fund Accounting
7.3
Oracle Financials Cloud
9.7
Dashboards
Abila MIP Fund Accounting
6.3
Oracle Financials Cloud
10.0
Standard reports
Abila MIP Fund Accounting
7.7
Oracle Financials Cloud
10.0
Custom reports
Abila MIP Fund Accounting
7.9
Oracle Financials Cloud
9.0

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
9.3
Accounts payable
Abila MIP Fund Accounting
8.4
Oracle Financials Cloud
10.0
Accounts receivable
Abila MIP Fund Accounting
8.1
Oracle Financials Cloud
10.0
Cash management
Abila MIP Fund Accounting
7.9
Oracle Financials Cloud
10.0
Bank reconciliation
Abila MIP Fund Accounting
8.4
Oracle Financials Cloud
9.0
Expense management
Abila MIP Fund Accounting
8.0
Oracle Financials Cloud
10.0
Time tracking
Abila MIP Fund Accounting
6.8
Oracle Financials Cloud
9.0
Fixed asset management
Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
10.0
Multi-currency support
Abila MIP Fund Accounting
6.6
Oracle Financials Cloud
10.0
Multi-division support
Abila MIP Fund Accounting
8.2
Oracle Financials Cloud
10.0
Regulations compliance
Abila MIP Fund Accounting
8.1
Oracle Financials Cloud
10.0
Electronic tax filing
Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
10.0
Self-service portal
Abila MIP Fund Accounting
6.0
Oracle Financials Cloud
10.0
Standardized Processes
Abila MIP Fund Accounting
6.9
Oracle Financials Cloud
7.0
Global Financial Support
Abila MIP Fund Accounting
Oracle Financials Cloud
10.0
Primary and Secondary Ledgers
Abila MIP Fund Accounting
Oracle Financials Cloud
8.0
Intercompany Accounting
Abila MIP Fund Accounting
Oracle Financials Cloud
9.0
Localizations
Abila MIP Fund Accounting
Oracle Financials Cloud
8.0
Journals and Reconciliations
Abila MIP Fund Accounting
Oracle Financials Cloud
8.0
Enterprise Accounting
Abila MIP Fund Accounting
Oracle Financials Cloud
9.0
Configurable Accounting
Abila MIP Fund Accounting
Oracle Financials Cloud
10.0

Inventory Management

Abila MIP Fund Accounting
4.2
Oracle Financials Cloud
10.0
Inventory tracking
Abila MIP Fund Accounting
7.3
Oracle Financials Cloud
10.0
Automatic reordering
Abila MIP Fund Accounting
1.0
Oracle Financials Cloud
Location management
Abila MIP Fund Accounting
7.7
Oracle Financials Cloud
Manufacturing module
Abila MIP Fund Accounting
1.0
Oracle Financials Cloud
10.0

Order Management

Abila MIP Fund Accounting
4.7
Oracle Financials Cloud
8.7
Pricing
Abila MIP Fund Accounting
6.5
Oracle Financials Cloud
10.0
Order entry
Abila MIP Fund Accounting
6.9
Oracle Financials Cloud
10.0
Credit card processing
Abila MIP Fund Accounting
2.5
Oracle Financials Cloud
10.0
Cost of goods sold
Abila MIP Fund Accounting
2.7
Oracle Financials Cloud
10.0
Order Orchestration
Abila MIP Fund Accounting
Oracle Financials Cloud
10.0
End-to-end order visibility
Abila MIP Fund Accounting
Oracle Financials Cloud
4.0
Order exception Resolution
Abila MIP Fund Accounting
Oracle Financials Cloud
7.0

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.0
Oracle Financials Cloud
9.8
Client data roll-up capabilities
Abila MIP Fund Accounting
7.8
Oracle Financials Cloud
Configurable alerts
Abila MIP Fund Accounting
7.4
Oracle Financials Cloud
Billing bypass
Abila MIP Fund Accounting
6.8
Oracle Financials Cloud
9.0
Client template cloning
Abila MIP Fund Accounting
7.5
Oracle Financials Cloud
10.0
Single sign-on
Abila MIP Fund Accounting
4.5
Oracle Financials Cloud
Industry-specific versioning
Abila MIP Fund Accounting
8.0
Oracle Financials Cloud
10.0
Legacy system data migration
Abila MIP Fund Accounting
7.1
Oracle Financials Cloud
10.0
Cross-client workflow management
Abila MIP Fund Accounting
Oracle Financials Cloud
10.0

Pros

  • The vast array of account segmenting allows us to break down our business in many different ways, which gets us the information we need to make sure we are doing business right.
  • We love the ability to process vendor EFT payments, which fits our green thinking and saves lots of paper.
  • Having a cloud based platform allows us to work more efficiently and not have to worry about using the most recent version or keeping up with payroll updates.
Eric Harvey profile photo
  • It’s all in one solution for all major needs of business.
  • You can integrate all Oracle systems with each other, which gives you a perfect result, because the entire system is developed within a group.
  • Oracles EBS provides you integration with advanced technologies including Web Server, Java and Apache.
  • As compared to other ERP’s deployments, EBS implements at a lower cost.
  • It offers you customized reporting features with which you can create a dashboard as per business needs.
No photo available

Cons

  • It would be nice to switch between databases without having to logout and login.
  • When entering codes (like for a journal entry) it doesn't auto-search/fill the account numbers...you have to hit the dropdown and scroll for the number.
  • You can't post cash receipts without first having an invoice, which can slow down your processing.
Eric Harvey profile photo
  • The functions EBS offers are not user friendly. Therefore, you might need a training in order to understand EBS features.
  • It only works on best practices of businesses. It's not possible to create your own process flow.
  • EBS provides you all the processes which have been in practicing in businesses globally.
  • The cost of system is higher. Go with EBS only if you are a Medium level or above enterprise.
  • Sometime it works slow, when you export the heavy files.
No photo available

Likelihood to Renew

Abila MIP Fund Accounting9.0
Based on 38 answers
I am not the decision-maker, but it would be my recommendation at this point.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Usability

Abila MIP Fund Accounting8.7
Based on 34 answers
If you are not an accountant, it would be very difficult to use. As an accountant there are aspects that are so specific that if you do not understand how they work and hand off to other parts of the software, you can really mess up your reporting.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Abila MIP Fund Accounting9.0
Based on 6 answers
It is mostly available when it is needed, however there have been power and internet outages that have limited the availability of programs.
Cindy Chapple profile photo
No score
No answers yet
No answers on this topic

Performance

Abila MIP Fund Accounting9.9
Based on 6 answers
It usually loads very quickly and I am able to get to work right away.
Cindy Chapple profile photo
No score
No answers yet
No answers on this topic

Support

Abila MIP Fund Accounting8.6
Based on 32 answers
I had to call support for an issue I was having to reverse a batch that was posted by mistake. The support lady was really helpful in guiding me to the correct steps in resolving my issue. I felt very confident in knowing I can call them to resolve my issues
Luis Godoy profile photo
No score
No answers yet
No answers on this topic

In-Person Training

Abila MIP Fund Accounting8.0
Based on 6 answers
There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Online Training

Abila MIP Fund Accounting10.0
Based on 3 answers
Personalized training provided for our organization
karen hoffman profile photo
No score
No answers yet
No answers on this topic

Implementation

Abila MIP Fund Accounting6.8
Based on 19 answers
I highly recommend using a business partner for implementation. The business partners have implemented this product for numerous years and have a wealth of knowledge from working with various non profits and governmental entities. Some are close by and can provide on site training.
karen hoffman profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

Fund EZ is a product I found out about from a previous employment stint. It has a lot of the features MIP has but is not nearly as good. I would consider using this product if MIP continues to raise fees.
Erich Koch profile photo
No answers on this topic

Scalability

Abila MIP Fund Accounting9.0
Based on 6 answers
Not real sure what you mean by scalability. It seems to be able to handle all of the funds we are currently working with. If you mean the looks of it, some things are small and it would be nice to increase the size according to the user.
Frances LeClair profile photo
No score
No answers yet
No answers on this topic

Return on Investment

  • Abila has streamlined and allowed more tasks to be automated maximizing the efficiency of staff so more staff is not needed.
  • The Maintenance and Support annual fee is a bit expensive and not a very good return especially for the amount of features that are updated from year to year. I don't use support a lot since our systems are pretty efficient so hence I don't think the annual M&S is justifiable.
  • Abila's importing feature allows integration to many different systems which makes Abila very flexible allowing costs to be saved if the owner of the Abila system switches between vendors.
Donavan Lam, CPA profile photo
  • Integration of information, resulting in efficiency, transparency and effective MIS.
  • Error reduction, accuracy of inventory record.
  • Establishment of standardized procedures
  • Reduction in the cost of after sales services.
No photo available

Screenshots

Oracle Financials Cloud

Pricing Details

Abila MIP Fund Accounting

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Oracle Financials Cloud

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details